Luxembourg - Domestic trade

The commercial code is similar to that of Belgium and trade practices are nearly identical. The city of Luxembourg is the headquarters for the distribution of imported goods within the country and Antwerp in Belgium is the principal port of entry. Consequently, manufacturers' agents and importers maintain offices in one or both of those cities. The commercial laws and solid economic base are highly attractive to foreign investors. About 30% of the work force are foreign workers, many of whom are commuters from neighboring countries. French, German, and English are the languages of business correspondence. Advertising is extensive, particularly in newspapers and on Radio-Télé-Luxembourg.

Most shops and stores are open 9 AM to 6 PM Monday through Friday. Banking hours are on weekdays, 9 AM to 4:30 PM . Private business hours are usually from 8 AM to 5 PM .

Also read article about Luxembourg from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: